- Litecoin price is trading in positive territory by some 0.60% in the session on Monday.
- LTC/USD bulls are back in control following the brief pause from upside momentum seen on Tuesday.
- A barrier can be observed from the range of $60-65, preventing a greater move to the north.
LTC/USD weekly chart
Market bulls completed a fourth consecutive closure for the week in the green, the price has run from $39 up to last week’s high area at $63.
LTC/USD daily chart
Critical daily support should be noted at $55, failure to hold could prove to be punishing.
Spot rate: 58.02
Relative change: +0.60%
High: 58.18
Low: 55.75
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